prudsys AG selected the winners of the DATA MINING CUP 2017 on 27th June in Berlin: A Swiss student team from the École polytechnique fédérale de Lausanne [Swiss Federal Institute of Technology Lausanne] placed first at the world renowned student competition for intelligent data analysis. Teams from the Eidgenössischen Technischen Hochschule Zürich [ETH Zurich] and Southeast University in China captured 2nd and 3rd place.
Students from the École polytechnique fédérale de Lausanne are taking home the top prize at this year’s DATA MINING CUP (DMC for short). The Swiss team and its prediction model for the sales performance of a mail-order pharmacy prevailed over 201 other teams from 48 countries. Second place was also secured by a Swiss team, this time from the Eidgenössischen Technischen Hochschule Zürich. Students from Southeast University in China captured 3rd place. The remaining top ten places went to students from a variety of educational institutions in the UK and Germany: University of Oxford (4th place), Universität Potsdam – Hasso Plattner Institut [University of Potsdam – Hasso Plattner Institute] (5th and 6th place), Universität Mannheim [University of Mannheim] (7th and 8th place), Technische Universität Dortmund [Technical University of Dortmund] (9th place) and the Karlsruher Institut für Technologie [Karlsruhe Institute of Technology] (10th place).
prudsys AG specializes in real time personalization in retail and has been running the world-renowned competition for intelligent data analytics for 17 years. The DATA MINING CUP combines theory and practice: up-and-coming analysts from all around the world test their knowledge in the field of data mining by way of a practical task. This year, students used anonymized historical data to develop a prediction model for the sales performance of a mail-order pharmacy that dynamically adapts its prices. Competitors had six weeks to work on the task and the DMC ended on 17th May this year.
The awards ceremony for the top ten teams took place as part of the evening program at the prudsys personalization summit on 27th June 2017 in the nhow Hotel in Berlin. In addition to the awards, the top three teams took home cash prizes of 2,000 Euros, 1,000 Euros and 500 Euros. The event is touted as the leading event for news and trends in the field of omni-channel personalization in retail. Many industry experts and companies took part, including bonprix, Conrad Electronic, Douglas, Media Markt and Thalia.